2-bedroom house · IG1 2PA
Sold STCListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £375,000 - £400,000. No onward chain.
Lester & Lachs are pleased to present this well-proportioned two double bedroom mid-terraced house, offering approximately 812 sq ft of living accommodation.
Ideally situated in a well-connected and convenient location, the property provides a practical layout with plenty of scope to make it your own.
With local amenities, transport links and green spaces all within easy reach, this is a home that combines comfort and convenience, making it an excellent choice for first-time buyers, families or investors.
The accommodation briefly comprises an entrance hallway with stairs to the first floor, two good-sized reception rooms, a fitted kitchen and a three-piece bathroom suite to the ground floor.
To the first floor are two double bedrooms, both benefiting from fitted cupboards. Externally, the property offers both front and rear gardens, providing useful outdoor space.
Location Roman Road is ideally placed for everyday convenience, with Ilford Lane nearby offering a wide range of shops, cafés, restaurants and supermarkets, while Ilford Town Centre provides further shopping and leisure facilities.
Transport links are excellent, with Ilford Elizabeth line station offering fast connections into Stratford, Liverpool Street and central London, while Barking provides additional Underground, Overground and rail services.
The A12 and A406 are also easily accessible by road.
The area is well suited to families, with a selection of local schools and several green spaces nearby, including Loxford Park, South Park and Barking Park.
With amenities, transport, schools and open spaces all within easy reach, this is a practical home in a location that works well for both families and commuters.
Tenure: Freehold Local Authority: Redbridge Council Tax Band: C Please note that ai has been used in some of the garden photographs to help illustrate what the space could look like with grass.
These images are intended to give an impression of the garden’s potential and should not be taken as an exact representation of the finished result.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png)
FAQ
About 38, Roman Road, Essex
Explore nearby